India's Aries Agro jumps after product receives ISI mark

Aries Agro (CN)

05/01/2023 04:41

** Shares of Aries Agro  ARAI.NS  rise as much as 9.2% to
226 rupees, posts sharpest intraday pct gain since Dec. 29
    ** Co said on Wednesday its product 'chelamin' has been
granted ISI mark for chelated zinc by the Bureau of Indian
Standards
    ** ARAI manufactures micronutrients and other nutritional
products for plants and animals
    ** ARAI's relative strength index (RSI) is above 70,
indicating that it is overbought
    ** Share price is above the 50-day, 100-day and 200-day
exponential moving average, suggesting bullish trend
    ** More than 603,000 shares change hands by 9:51 a.m. IST,
vs 30-day avg of 824,452 shares
    ** Stock rose 42.5% last year
 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))